Investors' Soapbox PM

Best Picks to Play Coal in 2014

Raymond James likes Consol and some master limited partnerships.

January 6, 2014

Raymond James & Associates

Overall, coal equities significantly underperformed the market last year amid ample natural-gas supply, oversupply on both the metallurgical and thermal sides, combined with fears regarding the government's "War on Coal."

One of the more disappointing themes this year has been the effects of stubbornly resilient supply, most notably in Australia as producers continue to benefit from an...